5, CHESTNUT CLOSE, WALTHAM, GRIMSBY, DN37 0ED - £206,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 CHESTNUT CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £216,002. It was last sold for £206,500 in November 2022, which was around 14% below the average November 2022 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

5 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 5 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the three 5 CHESTNUT CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 18 NOV	£206,500	£241,478	14% below HPI
1997 8 MAY	£56,000	£65,986	15% below HPI
1996 1 APR	£50,000	£62,323	20% below HPI

5 CHESTNUT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The three 5 CHESTNUT CLOSE sales between April 1996 and November 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 CHESTNUT CLOSE be worth now?

5 CHESTNUT CLOSE might now be worth an estimated £216,002.

This is based on house price inflation of 4.6%, between November 2022 and February 2025, for detached houses, in the North East Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% inflationary increase is applied to the most recent sale price for 5 CHESTNUT CLOSE of £206,500 on 18th November 2022. For the value to have increased from £206,500 to £216,002 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The November 2022 sale price of £206,500 represented a fair market value for the property.
• The size, condition, and specification of 5 CHESTNUT CLOSE has not materially changed since November 2022.

How Large is 5 CHESTNUT CLOSE?

5 CHESTNUT CLOSE is 76m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses houses in Waltham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waltham, and where 5 CHESTNUT CLOSE lies on this distribution: 15% of detached houses houses are smaller than 5 CHESTNUT CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Waltham.

5 CHESTNUT CLOSE: Plot and Title Map

5 CHESTNUT CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 5 CHESTNUT CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 CHESTNUT CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 CHESTNUT CLOSE?

5 CHESTNUT CLOSE is located in WALTHAM, in the DN37 postcode district. The below map shows the position of No. 5 on CHESTNUT CLOSE.